ECONOMICS
ECONOMIC GROWTH
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Entrepreneurship
|
|
|
Capital goods
|
|
|
Human capital
|
|
|
Natural resources
|
Detailed explanation-1: -Innovative entrepreneurs are people who constantly have new ideas and inventions that they turn into business ventures. Their aim is to change the way people live for the better, making their products and services stand out from the rest on the market.
Detailed explanation-2: -Traditionally, entrepreneurship is categorized into four main types: small businesses, scalable startups, large companies and social entrepreneurs.
Detailed explanation-3: -In the entrepreneurial context, innovation is any new idea, process, or product, or a change to an existing product or process that adds value to that existing product or service.
Detailed explanation-4: -(a) Innovating Entrepreneurs: An innovating entrepreneur is one who introduces new goods, inaugurates new method of production, discovers new market and reorganizes the enterprise.
Detailed explanation-5: -small business. scalable startups. large company or intrapreneurship. social entrepreneurship. 07-Apr-2022